Thursday, May 21, 2009

Looking for cheap Car Insurance Rate??

Car insurance extends protection in the event of a financial loss you incur if you meet with an accident. When you buy a car insurance policy, you are accepting the terms and conditions put forward by the company that will pay for your financial loss in the event of an accident. In return you will be required to pay premium. It is an agreement between you and your car insurance carrier. Car insurance rates usually differ from one insurance carrier to another.

The amount you shell out every month as premium depends on a number of factors. Some of the factors are given below-

Your age

Drivers who are below 25 years are prone to accidents. As such they are required to pay a higher premium. If you are above 50, you belong to the high risk category and you pay a higher premium.

Marital status

If you are married, you will be required to shell out less as car insurance premium.


Generally women drive safely. As such they have to pay less premium amount.

Driving habits

Car insurance premium also depends on your driving habits. If you have a record of speeding tickets and rash driving, your car insurance rate will be higher.

Credit rating

If you have a poor credit rating, it signifies financial irresponsibility. Many car insurance rates are determined by viewing your credit rating. This is because insurance carriers think if you are financially irresponsible, the same may spill over in your driving habits. As such your premium will be higher if you have poor credit rating.

In addition to the factors mentioned above, there are many other factors that determine car insurance rates.


  1. Hi Jessica,
    Be happy in your projects.

  2. Nice article .... keep on writing ...

  3. great post, it really helped me alot…gives me alot of information… thanks…. nice job…
    Self Credit Repair | Bad Credit Repair Report